There’s a scene in one of my favorite movies where the lead character steps into a batting cage, then take fastballs to the chest to toughen up. He takes them all, screaming and grunting with the thud of each ball against his body.

With the completion of our debt management program (DMP) through which my wife and I destroyed $109,000 of credit card debt, that’s exactly how I feel right now. Whatever life has to throw at us, we can handle it. With hard work and determination, we can overcome any challenge and achieve any goal.

This is good. Because we’re not done yet.

We have one line of credit managed by a creditor that wouldn’t work with our program, as well as two store credit cards that we intended to take care of ourselves. It took every ounce of effort we had to stay on course with our program, so we used the last 55 months to concentrate on those debts.

Now that the program is complete, it’s time to concentrate on the remaining lines of credit.

Each of these lines of credit has a high interest rate ranging from 19.9% to 29.9%. They’re your typical lines of credit, meaning that if we paid just the minimum payment, they would take us years to eliminate. We all know how tempting it can be to just make that monthly minimum payment and pocket the rest.

So we’d like to consolidate our remaining debts.

By consolidating these lines of credit, we could lower the interest rate. Not only that, but we’d get a finite date that the debt would be gone – even if we only paid…

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